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FACTBOX | What governments are doing to reduce impact of war-induced oil shock

FACTBOX | What governments are doing to reduce impact of war-induced oil shock

World Maritime
FACTBOX | What governments are doing to reduce impact of war-induced oil shock

China asks refiners to suspend fuel exports

China has asked refiners to halt signing new contracts to export fuel and to try to cancel shipments already committed, sources with knowledge of the matter said last week.

The guidance did not apply to jet fuel refuelling for international flights, bonded bunkering or supplies to Hong Kong or Macau, they said.

Bangladesh closes universities, rations fuel

Bangladesh will close all universities from Monday, bringing forward the Eid al-Fitr holidays as part of emergency measures to conserve electricity and fuel.

On Friday, Bangladesh, which relies on imports for 95 per cent of its energy needs, imposed daily limits on fuel sales after panic buying and stockpiling.

(Compiled by Edwina Gibbs; Editing by Lincoln Feast and Shri Navaratnam)

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